The Valley Virginian. [volume] (Staunton, Va.) 1865-1895, 1887-05-05
New Railroad Scheme.

The Richmond correspondent of the Al
exandria Gazette gives the following out
line of new railroad scheme in which the
Valley of Virginia will be deeply interest
ed If it shall mature intoa practical enter
prise. The incorporators are allprominent
citizens Of Rockingham county, so far as
we know them. What arrangements the
company expect tomake, when organized,
to interest capital and influence to prose-
cute the undertaking, we do not know, nor
have we heard intimated. But as we rec
ognize the names of some intelligent bust :
business men among those mentioned in
the bill, we conclude that they have def
mite plans which will be made known in
due time. The correspondent says:
| The bin introduced in the House to-day
Dy Mr.. Webb, of Rockingham, toincorpo-
rate the Potomac and Allegheny Railroad
and Improvement Company names as in
corporators J. S. Harnesberger, w. B..
| Compton, John Reid, Il. G. Patterson, Ma
than stephens. r. w. Bear, 7. N. Haas.
Joseph II. Wolfe. w, n. Leyburn and C.
W. s. Turner, The object of the compa-
ny is to construct, operate and maintain a
railroad Of standard or narrow guage as
said company may choose to adopt; to
commence at some point on the Potomac
river between the city of Alexandria and
the mouth of the Rappahannoek river,
thence by the most practicable route, cross
| ing the Valley Branch of the Baltimore
and Ohio Railroad between the town of
New Market and the city of Staunton to
the State line of West Virginia. The
capital stock of the company shall not be
less than $40, 600 or more than IS 600. 600,
i divided into shares of $50 each. The prin-
cipal Office of the company shall be In Viz
Iginia. The company shall within six years
expend the sum of not less than one hun
dred thousand dollars within the State of
Virginia, in the erection OF furnaces or the
construction of railways, and said railways
shall be completed in twenty years from
the passage Of tba act.
| The same correspondent in a later issue
of the Gazette has the following;
| Mayor Smoot, j. S. b. Thompson, F. A.
Reed and Park EgneW, of Alexandria, are
/ here this afternoon to urge the passage by
the Senate of the House bill to incorporate
the Mineral Railroad company. The bill
easily passed the House where it was intro
i duced by Speaker Stuart, but when it
reached tie Senate Mr.. Mccormick oppos.
ed II. ana Is now trying 10 amend III SO Us
to compel the road to go by Winchester.
The incorporators are John p. Agnew,
Park Agnew, Lorenzo d. Scott. Robert
Andrews, Benjamin Vaughan, Francis l..
Smith and Archibald Greenless. The cap
ital stock Of the company shall be one
million dollars, and the shares may be $50
or 500 each.
The bill as it passed The House authori-
ges apd empowers the company to operate
line of. railway. of standard guage, that
is to say, not less than four feet eight
inches. or four feet eight and ons-hali
inches in width. with a single or double
track from the town of Strashnrg, i'll the
county of Shenandoah. through the coun-
! ties of Shenandoah and Frederick, or eth
er Of them, co. point in either of sale
counties bordering on the State OF West
Virginia. The company is required to
commence the construction within two
years and its principal Office shall be in
the city of Alexandria. The Senate COM
mittee this afternoon decided to postpone
further consideration of the bill until next
Tuesday afternoon at 0 clock.